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Billable rates

Optimize profitability with flexible billing. Set individual rates for each team member for each project, allowing you to maximize profitability and deliver exceptional value to your clients.

Tailor rates and maximise revenue

Timely understands that one rate doesn't fit all. Each project has its own unique demands, and your team members have different skillsets and expertise. With tailored billable rates, you can ensure fair compensation, transparent project costing, and an accurate reflection of your team’s contributions - all while keeping your business agile.

Boost revenue by assigning individual rates to maximize project profitability.

Keep your business agile with the option to easily update rates to reflect team changes or project needs.

Enhance transparency and keep clients and stakeholders informed with accurate rate applications.

Key use cases

Simplify project management and billing by assigning customized rates that match the complexity of tasks and experience levels. Whether it’s adapting mid-project or setting rates upfront, Timely empowers you to make informed decisions effortlessly.

Set individual rates for every team member

Eliminate repetitive data entry and set default rates for recurring roles.
Adjust on-the-fly for projects needing specific rate structures.
Keep your billing workflow flexible yet consistent across projects.

Reduce admin overhead for consistent billing

Use a "Same for everyone" rate to apply one hourly rate across a whole project.
Set a default rate for each user that fills in automatically on projects with individual rates.
Choose whether a rate change applies to new entries only, or to new and unbilled entries.

Stay agile when project scopes evolve

Update project rates at any time as the work changes.
Pick an "Apply from" date so only entries from that date onward are repriced.
Charge different rates for different phases by setting up a separate project for each rate.

Save time on routine billing setup

Use project templates with pre-assigned users and billing rates for similar projects.
Assign a whole team to a project in one step instead of adding people one by one.
Make a project non-billable just by leaving off the hourly rate.